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MBB SE — Earnings Release 2008
Nov 10, 2008
279_rns_2008-11-10_4f61d971-4e8f-419e-a52d-b6acd995af30.html
Earnings Release
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Corporate | 10 November 2008 08:30
MBB Industries AG: Third Quarter 2008 As Planned
MBB Industries AG / Preliminary Results/Quarter Results
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
• Preliminary result of €1.01 per share after first nine months of 2008;
• €25.8m in liquid funds;
• Targeted goals for October confirmed: earnings per share for 2008 at more
than €1.30, with a group turnover of €190m.
Berlin, November 10, 2008 – According to preliminary figures for the third
quarter of 2008, MBB Industries AG (ISIN DE000A0ETBQ4), a holding company
specialising in medium-sized industrial companies with sustained value
growth potential, is now in line with its modified target from October.
Turnover for the quarter was €46m while earnings per share were at €0.31.
This compares with a turnover of €28m and earnings per share of €1.30 for
the corresponding quarter of the previous year. Of the figure 2007, €0.24
was attributable to the operating result, while €1.06 were due to one-off
effects. After nine months, MBB Industries has generated a turnover of
€141m (€70m in the previous year). Earnings per share for this period were
at €1.01 (€1.77 in the previous year including one-off effects). For the
year as a whole, MBB Industries has targeted a result of €1.30 Euro per
share and an increase in turnover of more than €190m. With €25.8m in liquid
funds and a net debt of €1.0m in the group as of the end of September, MBB
Industries has a comfortable level of available liquidity, sufficient to
enable further expansion of its portfolio.
About MBB Industries AG:
Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. Our business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value-enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote its efforts to
attaining unusually high yields in the future. MBB plans a turnover of
€190m for the year 2008, with more than 1,800 employees.
Further information on MBB Industries is available in the Internet at
www.mbbindustries.com.
Contact:
edicto GmbH
Dr. Sönke Knop
Zeisselstrasse 19
60318 Frankfurt
Tel. 069-90550551
E-mail: [email protected]
10.11.2008 Financial News transmitted by DGAP
Language: English
Issuer: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service